ARABELLA EXPLORATION, INC. (AXPLF) [Rocket]

In millions, except per share items	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K	10-K	10-K	20-F	20-F
Revenues [+]	1.5	6.5	1.4	0.5	0.1
Oil & gas sales	1.5	3.4	1.4	0.1	0.0
Net interest income	-7.2	-2.9
Revenue growth	-76.7%	356.7%	203.3%	819.0%
Cost of goods sold	21.2	0.2	0.1	0.1	0.0
Gross profit	-19.7	6.3	1.4	0.4	0.0
Gross margin	-1301.7%	97.6%	95.5%	79.3%	39.3%
Selling, general and administrative [+]	2.9	5.2	0.4	0.0	0.0
Sales and marketing	0.0
General and administrative [+]	2.9	5.2	0.4	0.0	0.0
General and administrative expenses	2.9	5.2	0.4	0.0	0.0
Rent expense	1.1	1.6	0.2	0.0	0.0
Other selling, general and administrative	0.0
Other operating expenses	1.1	1.6	0.3
EBITDA [+]	-23.7	-0.4	0.7	0.3	0.0
EBITDA growth	5182.8%	-168.0%	89.4%	8094.7%
EBITDA margin	-1566.2%	-6.9%	46.5%	74.5%	8.3%
Depreciation and amortization	0.8	1.4	0.5	0.0	0.0
EBIT [+]	-24.5	-1.9	0.2	0.3	0.0
EBIT growth	1194.0%	-1087.7%	-40.3%	-22032.8%
EBIT margin	-1616.9%	-29.2%	13.5%	68.5%	-2.9%
Asset impairment	21,202.6
Interest expense	0.6
Other income (expense), net	-6.6	-2.9
Pre-tax income	-31.7	-4.8	0.2	0.3	0.0
Income taxes	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-31.7	-4.8	0.2	0.3	0.0
Net margin	-2088.9%	-74.2%	13.5%	68.5%	-2.9%

Basic EPS [+]	($6.31)	($0.98)	$0.06	$0.10	$0.00
Growth	545.3%	-1709.5%	-41.0%	-22032.8%
Diluted EPS [+]	($6.31)	($0.98)	$0.06	$0.10	$0.00
Growth	545.3%	-1731.7%	-41.8%	-22032.8%

Shares outstanding (basic) [+]	5.0	4.9	3.2	3.1	3.1
Growth	1.9%	56.1%	1.0%	0.0%
Shares outstanding (diluted) [+]	5.0	4.9	3.2	3.1	3.1
Growth	1.9%	54.0%	2.4%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.